New Changes to the FHA Loan Program
On January 7, 2015, the White House announced important changes to the goverment’s FHA Streamline Refinance program. You now have more options to save money when you refinance your mortgage.
The big news is that mortgage insurance premiums may be reduced by over 35%! It is estimated that the average homeowner may save more than $900 annually.
The FHA Refinance program is designed to help you get a new, more affordable FHA mortgage, even if your property value has declined.
Under the FHA Streamline program, credit checks and appraisals are not required, and now you can save even more with lower mortgage insurance premiums.
Find out how much you might save on your monthly payment by calling 1.855.294.8564 to speak with one of our experienced Lakeview Loan Originators.